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beating a drum about the deficit which is important but when you look at the concerns of american, let's look at the top five concerns. one, the economy. two, jobs. three, health care. four, education. five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >> right. >> i think now it's much clearer to people that these two things are related but they are quite separate and there are moments when balancing the budget or cutting spending on things like schools and public safety can actually make unemployment worse. i think something else important has happened, which is the health care law was very unpopular on election day back then. the health care law is gaining gr
that going for him. who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern obviously would just be for the -- his mental well-being. >> wait? what? mrs. romney, that's not helping. you better finish the thought. >> i have all the confidence in the world in his ability, in his decisiveness, in his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy, you know, the pieces that are missing to get this jump started. so for me i think it would be the emotional part of it. >> right. he's capable, decisive, and emotionally troubled? well, that is an october surprise. let's get right to our panel th
came in office. i inner hadited the biggest deficit in our history. the last four years it went up and 90 percent is consequence of two wars that were not paid for and tax cut that is were not paid for . prescription drug plan not paid for and worst economic crisis since the great depression. that accounts for 10 percent of the increase in the deficit. >> brian: front page of the new york times. stuart rather thaney it is over one trillion. every budget when they do the math he is over budget by a trillion dollars. >> gretchen: he said 10 percent. wars and the horrible recession he was begin that only accounts for 10 percent. >> yes. >> gretchen: what about the other 90 percent? >> steve: george bushes fault? >> gretchen: i am anding a question. >> you are exposing the attitude of the establishment media to all of president obama and his economic record. break it down. the president said i am only 10 percent responsible for a massive accumulation of debt. he is a big spender, a very big spender and that's the principle reason why we have a massive deficit of trillion a year. he has
to the same standard as well. >> first of all, we have a deficit plan, it's got health care savings. romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. he's got a 5 trilli$5 trillion. -- another $2 trillion in defense spending. >> just three days into the first presidential debate, meanwhile mitt romney is off to the trail. we have two reports, we begin with nbc's peter alexander, he's with the romney campaign in boston, with a good morning to you, peter. what are you hearing about all the debate preps today. he o'clock najs that this is an important opportunity in her debate. people have a tendency to focus on the small things, like the color of a candidate's tie or the dramatic one liners, which is his need to get across the big picture message. he says if he does that, he thinks he can be effective over the course of the next three debates and ultimately win this thing. we heard this morning from governor chris christie of new jersey, i want to play you another clip from new jersey this morning. chris christ >> and so they're going start t
for everybody. it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you? >> that's the problem. if he starts getting specific like that, what the right wants to hear is not what 80% of the country wants to hear. that's the fundamental problem he has. >> the bar is pretty low for mr. romney. how does he get through the 90 minutes without any further problems? very quickly. >> i've been a big fan of the fact that mitt romney is the gift that keeps on giving. listen, if mitt romney doesn't produce a verbal or a physical gaffe tonight, then by and large, i think the republicans will probably say that he won. but, i think that mr. lehrer, a very honest broker, is going to do exactly what
getting a handle on the deficit. also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts by limiting deductions for taxpayers especially the wealthy. so this isn't really a major break from what he said before. he's just kind of shifting the emphasis, playing up a different part of his plan. >> so deductions. what deductions would mr. romney limit? >> now, that is the $5 trillion question. we tonigdon't know. he has hinted he may scale back the mortgage deduction for wealthy homeowners. think about how many tax deductions are out there. charitable giving, he state and local taxes. it won't be politically easy to scrap any of them because they're popular. s
the deficit or popular deductions. >> you're the master of the budget. so briefly let's go through the plan. the obama plan says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years. true? >> not in the least bit true. look, this just goes to show, if you for tur statics enough, they will confess enough to what you want them to say. >> how much would it cost? >> it's revenue neutral. >> i'm not talking about the cut. we'll get to the deductions. but the cut in the tax rates. >> the cut in tax rates is lower all american tax rates by 20%. >> how much does that cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. >> that's where i'm going. >> i'm going to get to that in a second. >> lowering the tax base works and you can. >> let me just -- you haven't given me the math. >> look, i don't have the -- it would take me too long to go overall of the math. >> it would take too long to do the math? this isn't a pop quiz. it's a presidential election. even the conservatives are fed up with the lack of deta
some of the tax changes that he would specify with the ways he would trim the deficit. his campaign -- the president's campaign already signaled that. here is how his deputy campaign manager steffi cutter put it in a new video they put out today, brooke. >> mitt romney hasn't given us any specific details of his economic plans. so we can use tonight's debate to give us the details for first time ever, or we can spend 90 minutes doing what we know he's good at, attacking the president, distorting his own record, and avoiding any and all details of his plans for the country. >> now, obviously that's expectation setting and priming the media to already start looking for any specifics, weaknesses by romney in getting into the details. but it does mean that we should start looking for the president to push the governor on those kinds of issues. i do think the president has separate challenges, but this is what we should see the president get aggressive on tonight, brooke. >> okay. also we should point out, jessica, it is interesting timing, this date here, it coincides with a certain sig
.s. team at the 39th ryder cup. this was aufrl. the europeans roaring bang from a 10-4 deficit late saturday to take a tuning 14 1/2 to 13 1/2 point win. germany's martin kaymer sank a putt on the final hole to seal the victory. honestly it was all lost well before that. europe has won the seven out of the last nine ryder cups. and soledad i don't know if you had a chance to watch this debacle. a debacle embarrassing. >> yes, it was killing my poor husband. all right, john, thank you. >>> back to our top story this morning. two days until the first presidential debate. both candidates are getting last-minute preparations. "the new york times" reporting that mitt romney is coming armed on wednesday night, writing this, mr. romney's team has concluded the debates are about creating moments and has equipped him with a series of zingers that he's memorized and habeen practicing on airds since august. president obama responded to that report last night with this. >> i know folks in the media are speculating already on who's going to have the best zingers. i don't know about that. who's g
he has remained strong, for instance, on federal spending and dealing with the deficit and debt. they're hitting that in ads. this is something people are genuinely worried about and he can connect to the economy because people in their everyday lives. gregg: juan, as you know unemployment is still above 8%. gdp is a comatose 1.3%. brain-dead on life-support. we have a debt that is crushing of $16 trillion. more americans than ever before, 47 million, are on food stamps. gasoline prices have doubled in the four years that president obama has been in office. i mean, what is he going to say tonight when surely he will be asked about that? >> oh, gregg, i think there is lots of positives to offer. gdp clearly now is far in excess where we were when he took office. if you look at wall street, you look at the nasdaq --. gregg: juan, under reagan it 7% in the reagan recovery. it is 1.3% right now? >> again, what you see is compared to where he took office, gregg. it is much better. economy, if you ask the american consumer right now, they have a much better attitude about where we're going,
any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? oh, my ohio. mitt romney knows that's trouble. and in a brand new ad one reason is clear, as romney plays face the camera doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class families. the difference is my policies will make things better for them. >> and, cut. very good. that was marginally convincing. maybe a little more -- tell you what here's an example of a politician speaking this afternoon in bowling green with genuine authenticity and commitment. >> my opponent may think it's fair that someone who makes $20 million a year like he does pays a lower rate than a teacher, i disagree. i don't think that's fair. i don't think it helps grow our economy. i refuse to ask middle class families to give up their deductions for owning a home or looking after their kids just to pay for another millionaire's tax cuts. we're not going to do that. >> dear me. did we mention ohio voting starts in
tax rates 20%, as you said, keep the budget deficit from getting larger, and protect the middle class from any tax increases. well, look, if you're going to cut taxes and you're going to be revenue neutral about it, that is not increase the budget deficit, that means somebody is going to have to pay more to offset the fact that somebody is paying less. >> and who is going to pay more? >> well, what mitt romney initially said was that we will just -- we'll get that from the top 1%. we'll get that from wealthy folks. well, that's where the arithmetic comes in. if you look at all of the deductions, you sum them all up, every single tax deduction going to those high-end folk, they don't make up the difference. it's not enough to offset the rate cuts. so you'd have to go to the middle class. >> okay. well, ryan and romney are fond of bragging about how they'll be tough on issues. once again we give you the candidate. >> we'll also take medicaid as well as housing and food stamps, we'll take the dollars that are going in those programs, return them to the states where they'll grow at the ra
will will say he is going to cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. a 5 trillion-dollar tax cut wealthy that he won't say how he will pay for. >> i spoke to two different officials with the president, he said he was very calm, very cool, getting downtown in his hotel right now. remarkable to be calm this calm right now knowing so much is on the line, shep. >> shepard: a lot in deed. ed henry live in denver. let's bring in chris wallace. have you spoken to both camps today, what did you learn? >> i have been working the phones trying to get a preview and the most interesting thing i learned is that the romney camp says that their guy is going to really go on offense when it comes to the obama record. they had noticed in the polls that people are getting a little bit more optimistic about the economy, that romney is losing some of his edge in the polls on who would handle the economy better. so they say he is really going to take it to obama on the obama record over these past four years. and one of the points they are
-point deficit to the president. six points on the economy? tt rney kha. trouble. and in a brand new ad, one reason is clear, as romney plays face thecamera, doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class e difference is, my policies will make things better for them. >> and, cut. very good. that was marginally convincing. maybe a little more -- tell you what, here's an example of a politici speaking this nuauti an in bowlingreen wit come >> my opponent may think it's fair that someone who makes $20 million a year, like he does, pays a lower rate than a teacher, i disagree. i don't think that's fair. i don't think it helps grow our economy. mi t give up their deductions for owning a home or looking after their kids just to pay for another millionaire's tax cuts. we're not going to do that. >> dear me. diwe mention ohio voting starts in sidays? i'm delht to be joined now by former ohioer t strickland with us from columbus. good afternoon, sir. >> good afternoon. >> governor, there is still plenty of time for mr. romney to make
policies. all he needs to talk about is failure, crisis, the inability of this president to get the deficit under control, deficits mean new taxes. debt mean new taxes. unemployment means misery in this country. if he can understand that, then he can win this debate. what it is for mitt romney is saying i welcome you into my house. let's come in, have this discussion. if you hents wanted to come into my house before, now think about it. >> brian: just one thing that will be interesting 'cause they'll have a whole section on obamacare and you have the romneycare incident. so -- >> he's an expert, mitt romney on health care. he did it differently in massachusetts. he shouldn't be embarrassed about it. he can talk about it in a real way. >> brian: and he has recently on the stump. peter johnson, jr., thanks. >> we'll be watching. >> brian: and analyze tomorrow. 11 minutes before the top of the hour. up next, do you always hate what you see when you look in the mirror? up next, dr. keith ablow tells us if you are normal or nuts. right there, a free session for martha mccallum. on this day in hi
the world. part of the budget reform hike taxes on the wealthy to reduce france's deficit amidst all of. calling for 7 a% tax on the super rich. aruba, sweden and denmark and netherlands have the highest tax rates between 50 and 60%. u.s. caps income tax rates currently at much lower 35%. critics say france's proposed hikes will back fire by putter hurting businesses. police in canada busted three men, including one current and one former police officer for smuggling cheese and other foods across the border cost more in canada than the lower 48. suspects bought $200,000 of the stuff buffalo, new york. drove some 22 miles into canada without declaring it to customs. sold it to canadian restaurants and made more than $165,000 in profit. off cheese. one day after israel's prime minister netanyahu drew a red line. he spoke about the iranian nuclear threat. we will have details from both phone calls. word of another football bounty scandal. but not in the nfl this time. peewee wait until you hear this. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance spee
collapse by the u.s. at the 39th ryder cup. the europeans roaring back from a deficit to stage a breathtaking 4 1/2 to 13 1/2 point win. sinking a five-put putt to seal the victory. europe's tseventh victory. >> we have to listen to peiers morgan now. >>> and the super bowl champion new york giants lost to the eagles and the eagles undefeateda dramatic win against the panthers. featuring two long bombs by matt ryan in the closing minutes. extraordinaire. >> i can't believe you watched it. >> amazing powers and inabilities to watch sports even if it means sacrificing sleep. >>> another water cooler topic. arnold schwarzenegger puts himself in the hot seat answering questions about his failed marriage, his affair, his love child, and the fact that he performed same-sex marriages while in office. we're going to hear directly from arnold, coming up next. >> big. ♪ well, he's not very handsome ♪ to look at [ sighs ] ♪ oh, he's shaggy ♪ and he eats like a hog [ male announcer ] the volkswagen jetta. available with advanced keyless technology. control everything from your pock
exactly, and in raw numbers, the deficit problem the country has and he said that mitt romney is the better candidate to try to reverse the trend that the united nations government has been on in the past four years. so we'll have to see if he sharpens that attack even more today. but clearly they know they've got some challenges ahead, in new hampshire, of course the battleground state just four electoral votes there. in this tight race four votes could mean the difference between who is president and who is not. they want to fight hard. mitt romney's adopted home state there, if you will. >> right, so he'll be doing that for sure in new hampshire and then in ohio today. okay, thank you very much, ron mott appreciate that. >>> let's get more on the president's surge in the polls. he is increasing his lead in a number of key swing states. he's leading in all nine nbc/"wall street journal"/marist polls taken over the last three weeks. let's talk about what's happening from the gop perspective. because some there are complaining about the polling. they say the pollsters are over
and others going out and showing themselves as fiscal conservatives. it not only increased the deficit but added $3 billion to the national debt and the budget doesn't balance for 28 years. we talked a lot with the tea party people. they've been in -- talked to us. they're wanting us to come for a debate with mr. cantor. we're trying to work that out now. but, let's face it, there is 15% to 25% that we're not going to agree with with the tea party on social issue. but there are in virginia sensible members of the tea party who say to us, we agree with you on 75%. >> well, that's -- that's -- >> a lot of that is -- >> that's very interesting. we have to leave it there. mudcat saunders. i'm sure we'll be watching this race very carefully there in virginia. thanks for your time. >>> a big win for the fight for voting rights today. why nobody can take that right away. that's next. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors tu
to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself against paul ryan's budget and he put the guy on the ticket. >> chris, i remember when this happened. when you put ryan on the ticket, a lot of democrats said, okay, it's over, we've got it. and i was skeptical about that when they said it, and i think a lot of us who like to hear intellectual debates about policy said, great, fwring it on, let's have a big debate about the philosophy of government. down in florida they don't care about the fill loss pi. >> all politics a local. >> they want the program, they like the program, don't mess with the program. >> let's go to something really big because i like this guy so much. this is jim webb who is retiring as the senator from virginia. he's a democrat but a different kind of democrat. many people, including me, believe he's eviscerated romney with these words he spoke. remember what romney was saying, there's the takers and the makers out there, includi
that people feel is missing. >> eric: where is the proof? you say you arut canning the deficit and create four million jobs. give us ideas. we haven't heard them. >> steve: head line is that the president is lying in his ads. he said they don't hold the president accountable in the main stream med yampt -- media . rasmussen shows how many people are for the president and how many for mr. mitt romney . rasmussen poll was accurate in 2004 and 8 getting the results according to the track being poll. 43 percent said they are certain to vote for romney and 42 percent certain vote for obama and 15 percent haven't decided . >> gretchen: that's huge. that is a dead heat report to look at the certainty of these people they are voting early right and these people who know in the debates who they will vote for. these debates are for the undecided it is a huge chunk of the population. other than voters turn out of the base. that will turn the election>> eric: that is 10-20 percent of the undisguisable and persuadable. throw that poll up one more second. in the bottom of that. likely voters. those are the
is from higher income households. >> $1.3 trillion deficit you definitely need something to bring that deficit down. bring the national debt down at some point down the road. once there is a balanced budget. who knows when that would be. most people assume nothing is going to happen as far as the fiscal cliff is concerned between now and november 6. but afterwards in that lame duck session between november 6 and december 31, something will happen. are you among those who will agree -- agree that the fiscal cliff will be avoided? >> yes. i think it will be avoided. i mean, you know, depends on the election. you know. if governor romney wins it is likely -- would kick the can into next year. leave everything the same for a few months. let -- the new president come into office and get it together. probably in the spring. president obama wins the election, then right after the election, lame duck, the clock will start ticking and he will be under a lot of pressure to do something. let me say one other thing. you know, i think the most likely scenario is that we are actually going to h
economic policies. he says the president promised that he would cut the deficit. it has ballooned. he said the president promised to keep unemployment under 8% if the congress passed the stimulus package. unemployment rate has been over 8% for 43 straight months. that's been the message that paul ryan has been carrying for unfortunately for the campaign mitt romney trails president obama here in new hampshire rather by seven points. in ohio by eight points. he's got a lot of work to do between now and then. next week paul ryan will hit some more battle ground states starting monday in iowa. in between he will also prepare for his debate on october 11th between vice-president joe biden in connecticut. mitt romney and president obama are down for the weekend getting ready to square off in denver for the first of three presidential debates on wednesday. that's the latest from this chunk of the campaign trail. let's send it back to you. >> okay. ron mott. bob seger music background music there. >>> in today's strategy talk, president obama and mitt romney head into wednesday night's debate wit
to the deficit? knowing that even adam smith, to use a reliable source, will tell you that it is the quickest, surest, and nearly permanent way to implode a nation. host: what do you think the moderator could ask to get that? caller: i just find it disturbing that with all this media coverage and speeches being made from both candidates in both parties, that the two wars that they waged in iraq and afghanistan are footnotes when it comes to balancing the budget and approaching resolving the debt crisis. the wars have absolutely little to do with it and it is disturbing. anyone can look at a history book and know that you raise taxes during a time of war. host: byron, cleveland, good morning. caller: known as socialist, george soros, recently contributed to the democratic party campaign. i would like to know if president obama or michelle obama, his wife, have ever been currently members of a communist or socialist party, u.s.a.. thank you. host: ann, democratic line. caller: hello. host: go ahead. caller: i would ask mitt romney why he says he is for the middle-class and when he was governor
can g bk t th t the deficits will get worse and not better. and this is the cycle of decline that europe is facing. >> mark halperin. >> prime minister, i take your point about the medium and longer-term issue. how important from a practical and pshological point of view is it to europe r ica ha alen ahe m to get our fiscal house in order? >> i think it's going to be important that europe and america cooperate to get the world economy moving forward. that's the most important thing. you see, i don'tunderstand, since the rescue of the world economy in 2009, there is rtually cooration beten ama,a, india, europe to get the world economy moving forward. you, america, need to export to the rest of the world. you can't stimulate your economy simply by domestic consumption or public spending or plic investment. you need to sell to the rest of the world. china nee to,ndt needs to sell to europe and america. that's the blasz of a global growth agreement. china concerns more. you probably do a bit more on infrastructure. trade starts to moveforward. people have confidence. and that's
, look, we've had trillion-dollar deficits. every single year, he's added $5 trillion to the national debt. you've had all the bailouts. you've had so many things that mitt romney could run on, and he hasn't been able to do it. willie, that is the ongoing frustration that this man has been given more material than any republican nominee since ronald reagan in 1980, and he can't seem to connect the dots and explain why a conservative economic world view should be used to turn this economy around. it is a daily frustration for conservatives. >> and daniel hopes mr. romney will take up this point at the debate six days from now. steve, let's inside these numbers. you've got some charts explaining president obama's recent surge in the polls. >> yes, because while i agree with a lot of what joe said, there are some substantive reasons why president obama should be doing better at the moment. they don't get as much attention. so let's talk a little about it. first, nobody is happy with the state of the economy at the moment. 2% growth with 8% unemployment. but as we've talked about on this
Search Results 0 to 47 of about 48 (some duplicates have been removed)